CHARITY REGISTRATION NUMBER: 1128977 ## ST JAMES CHURCH, PORCHESTER Unaudited Financial Statements Year ended 31 December 2023 ## ASH ACCOUNTING LTD Licensed Accountants 44a Gedling Road Carlton Nottingham NG4 3FH ## ST JAMES CHURCH, PORCHESTER ## Trustees' Annual Report ## Year ended 31 December 2023 The Trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2023, Reference and administrative details Registered charity name ST JAMES CHURCH, PORCHESTER Charity registration number 1128977 Principal office St James Church Marshall Hill Drive Mapperley Nottingham NG3 6FY The Trustees Danielle Brown Chris Childs Lucy Drury Steve Harrison Mary Lucas John Oliver Sally Smith Patrick Wallis - Church Warden Muriel Weisz Paul Chapman Jenny Murden Ann Harrison Rachel Forsyth Mike Forsyth — Vicar Independent examiner Emma Stubbs C/O Ash Accounting Ltd 44a Gedling Road Carlton Nottingham NG4 3FH Trustees' Annual Report (continued) Year ended 31 December 2023 Structure, governance and management The Parochial Church Council (PCC) is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council (Powers) measure 1956, The PCC is exempted by order from registering with the Charities Commission. ## ST JAMES CHURCH, PORCHESTER The appointment of PCC members is governed by and set out in the Church Representation ## Objectives and activities The primary objective of the PCC is the promotion of the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. The PCC (Powers) Measure 1956 states the PCC "is to co-operate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical" In addition St James Porchester PCC has its own vision statement which is "To be a spirit filled church where Jesus is front and centre as we love our community and support one another to grow more like Jesus, celebrate God's goodness, and share the great news of Jesus.' The activities are set out in the Church's Annual Report which is available from the church. ## Achievements and performance The PCC monitors its performance and achievements by means of a Growing Disciples Plan. Beginning in 2021, by 2026 we hope to have grown by 80 new disciples, 25 children and 40 young adults attending regular Sunday worship, and 128 members of church attending home groups. Through 2023 we have made steady progress towards our Growing Disciples Plan. Some highlights include 8 guests completing Alpha, 12 baptisms, 1 confirmation, creating a creche for a Sunday morning alongside the 10.30am service to make worship more accessible to families with smaller children, the revision of service pattern to consolidate styles of worship which are appreciated by members of the congregation as well as appealing to our wider community, time spent focusing on newly developed Church values (prayer, discipleship, generosity, welcome and compassion), and there has been an increase in average Sunday attendance from 60 to 70 in the past twelve months. ## Financial review In 2023 we completed payment on major building projects which had continued from 2022 (heating, lighting, guttering). We have mostly used up our legacy fund from the sale of property, and are now in a position of relying on regular giving to cover costs. We were not granted a reduction in parish share, though have been able to pay in the region the amount we originally offered, We have overspent in our budget, and there is a need to bring in greater financial control measures which will be achieved by the implementation of a financial policy where budget owners must agree to spending, and aim to make savings where possible without impeding mission. Trustees' Annual Report (continued) Year ended 31 December 2023 ## ST JAMES CHURCH, PORCHESTER We have now employed a Church Growth Enabler (part funded through a successful bid to the diocese Strategic Development Fund). This provides flOk per year for two years which is match funded from what remains in CCLA. ## Plans for future periods Our priorities remain the same for the coming year. The successes of 2023 have shown that through prayer and focus on our priorities the Church will grow, and people are willing to give towards the mission of the Church when asked to do so. So as much as we will be trying hard not to introduce anything new through 2024, we hope to bring everything that we do within our vision and values so that we are moving forward. The PCC have approved plans to improve the access to Church, in particular creating a welcome space and area for hospitality within the Church. This project will be paid for through a bid to the diocese Growing Disciples Fund. There is also a project underway to install a community defibrillator outside the Church centre. This project is being driven by a fundraising group who intend to meet the costs through private donations. The Trustees' Annual Report was approved on..............................and signed on behalf of the board of trustees by: Rev'd M Forsyth Mr S Harrison Trustee Trustee Independent Examiner's Report to the Trustees of St James Church, Porchester Year ended 31 December 2023 I report to the trustees on my examination of the financial statements of St James Church, Porchester ('the charity') for the year ended 31 December 2023. ## Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (fthe Act'). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charities Commission under section 145(5)(b) of the Act. Independent examiners statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: ## ST JAMES CHURCH, PORCHESTER 1. Accounting records were not kept in respect of the charity as required by section 130 of the Act, or 2. The financial statements do not accord with those records; or 3. The financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a {true and fair' view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 04/06/2024 Emma Stubbs Ash Accounting Ltd 44a Gedling Road Carlton Nottingham NG4 3FH ## PORCHESTER ## ST JAMES CHURCH Statement of Assets & Liabilities - year ended 31 December 2023 ||||||||||||Receipts &|Receipts &|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||payments||basis|| ||||Unrestricted||Restricted|||||2023||2022|| |CASH FUNDS|||||||||||||| |Bank & cash balances|||||||||||||| |Bank savings accounts|8.070|8,070|12,642|Bank|current account||23.309|23,309||28.520|||| |Cash account||||49|||||||49|49|| |OTHER MONETARY ASSETS|||||||||||||| |Debtors|||||||||||||| |3NVESTMENTS WITH|CCLA||||||||||||| |Deposit accounts|||4.056||878|||||4,934|||| |Shares|||41478|||||||41|,478|55,170|| |||||||||||77,840||101,109|| |LEABILITIES|||||||||||||| |Trade creditors|||||||||||||| |PAYE|||||||||||||| |Other creditors|||||||||||||| ||||||||||||||| ||||||||||||||| |||||||||||77840||101,109|| |ANALYSIS OF FUND MOVEMENTS FOR THE|||||||||||||| |YEAR|||||||||||||| ||||||interest &||gains on|sale|movements|||unrestricted|restricted| |||01/01/2023 investment|||dividends|withdraw's|of shares|||in value||balance 31/1212023|balance| |Deposit accounts||4.728|||||||||||| ||||||153|||||||41003|878| |Share investments|||||1 ,666|-20,000|||||||| These accounts were approved by the trustees on and are signed on their behalf by: Revu M Forsyth Mr S Harrison ## ST JAMES CHURCH PORCHESTER Receipts and Payments Account for year to 31 December 2023 |RECEIPTS
Oonatlons etc
Donations
Legacies
Charitable activities
Holiday club
Transitional income
Community events
Wedding and funeral fees
Bereavement
Flowers
Other activities
Grant income from Diocease
Grant income from CBC
Hall hire
Magazine sales
investment
income
Income from investments
Bank Interest
TOTAL
PAYMENTS
Weddings & funera} fees
Flowers
Holiday club
Staffing costs Wages & salaries Pension costs
Travel
Premises costs
Rates & water rates
Light & heat
Repairs & maintenance
Insurance General costs
Accountancy
Legal & professional
Telephone
Other office costs
Photocopier hire & copy costs
Bank charges
Purchases
Corporate giving
Ministry costs
Worship, Youth & Families
Fellowship & pastoral
Transitional expenses
Segments
Diocese Parish contributions|Unrestricted
Restricted
79,639
200
4,847
2,484
3,946
111000
855
7.340
40
303
96,336
6,001
17,986
51
754
4,418
29,821
5,953
,565
,496
900
3,524
3.229
465
215
3.880
3,975
2.551
4.289
589
614
.ooo
626
52*400
851661
54,640
10,675 -
38,639|2023
2022
79,839
4,847
2,484
4,218
3,946
2.069
3,118
11
,oco
865
7.340
7,316
40
12
29,792
303
2,866| |---|---|---| |||112,337
1211695| |||614
17,986
51
754
30,821
5,953
1,50
5
1 ,49
6
goo
3.52
4
3,229
465
215
3.880
3,975
4,289
589
52,400
10,98
7
435
,278
4,675
118,770
4,774
,697
2,608
11305
2,930
21932
413
479
774
2,680
41526| |||140,301
224,781| |||| |||27,964 -
1031086| PORCHESTER TOTAL NET INCOMEIOUTGOINGS FOR THE YEAR